VanEck Green Metals (GMET) Daily/Weekly Backtest Results

Signal:                  
                [ What are these? | Switch to GMET's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:           Threshold:         [ What are these scores? ]
Expectancy: 8.02%.   Win rate: 100%.   Sharpe Ratio: 12.279.   Maximum drawdown: -12.74% on 13 February 2024.
Mean CAGR: 145.71%. Time in market: 278 days.   Hypothetical return: $1000 would be worth $1262.69 on 07 March 2024.
Key: change_history : profitable trade change_history : breakeven trade (minimal loss after 2 years) change_history : losing trade (not profitable in a 2 year timeframe)


*Transaction costs, taxes and dividends are excluded from these calculations. Past performance may not necessarily be a reliable guide to future performance.

Calculations for Green Metals

Expectancy is the percentage profit or loss you would expect to make on the next purchase of this stock with an entry point at the specified signal and profit target as set above. Given a large enough sample size, a positive expectancy indicates the trading strategy is likely to be profitable.

Expectancy calculation for 4 signal(s) occurring before 04 June 2024 for a 7.5% profit target: (100% * 8.02%) + (0% * 0%) - (0% * 0%) = 8.02%.
Wins: 4 Breakevens: 0 Losses: 0

To even out CAGR calculations, large individual returns from particularly quick trades have been capped at 300%.

The Sharpe Ratio calculation assumes a risk free return rate of 2% per calendar year. Ideally the ratio should be a positive number. A higher positive number indicates the strategy has a more attractive risk adjusted rate of return for this particular buy signal and stock over the chart's timeframe.

 

Super Oversold Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each Super Oversold entry signal. Hover over the icons to see more details of the particular trade, including the maximum percentage drawdown and how long it took to reach the desired percentage profit.

Key:   disabled_by_default = profit point not achieved. select_check_box = profit point achieved with CAGR above 15%.
select_check_box = profit point achieved with CAGR of between 5% and 15%. select_check_box = profit point achieved but CAGR was less than 5%.

Signal Date and Score Buy Signal Price Performance (mouseover for details)
5% 6% 7.5% 10% 20%
10 June 2026   LOW    factory0.883   Super Oversold (MD) $ 40.89 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt
20 March 2026  bubble_chart   MEDIUM   smart_toy0.986  factory0.903   Super Oversold (CB) $ 37.10 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt
19 February 2026  bubble_chart   MEDIUM   smart_toy0.715  factory0.55   Super Oversold (MD) $ 43.80 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt
07 April 2025   MEDIUM   smart_toy0.961  factory0.718   FIRE SALE Super Oversold (26) $ 17.42 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt
04 April 2025   MEDIUM   smart_toy0.978  factory0.699   FIRE SALE Super Oversold (26) $ 18.16 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt
13 February 2024   MEDIUM   smart_toy0.835  factory0.61   Super Oversold (26) $ 20.55 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt
20 October 2023   MEDIUM   smart_toy0.836  factory0.606   FIRE SALE Super Oversold (26) $ 22.76 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
04 October 2023   MEDIUM   smart_toy0.759  factory0.642   FIRE SALE Super Oversold (26) $ 23.55 select_check_box select_check_box select_check_box select_check_box electric_bolt select_check_box electric_bolt
12 May 2022   LOW   smart_toy0.868  factory0.799   Super Oversold (MD) $ 29.03 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt disabled_by_default

 

The data for VanEck Green Metals (exchange: XNAS symbol: GMET) was last updated 12 Jun 2026 03:25. Data for this ETF is available from 18 Jan 2022 - 11 Jun 2026.